Archive for the ‘DomainTools.com’ Category

Apple Rings Seven Digits to Reach iPhone

July 1, 2007

Jay Westerdahl at DomainTools.com confirms Apple has acquired iPhone.com from Michael Kovatch.

Although Michael didn’t confirm his domain name sales price, Jay thinks the iPhone.com sold for in excess of one million dollars.

Kovatch registered the domain way back in 1995 and had plans to build a company around it. He has instead decided to build a larger bank balance.

Like Mark Cuban said, you only need to get it right once in business.

Michael Kovatch got it right with iPhone.com.